What Qualifies You — To Buy A House

To qualify for a home purchase, you generally need to meet four main criteria: a stable income, a healthy credit score, manageable debt, and enough cash for a down payment and closing costs. 💰 Financial Stability

No recent bankruptcies, foreclosures, or major late payments. ⚖️ Debt-to-Income (DTI) Ratio what qualifies you to buy a house

A lender has reviewed your finances and committed to a loan amount. To qualify for a home purchase, you generally

You’ll need recent pay stubs, W-2s, and tax returns. To qualify for a home purchase

This proves to sellers that you are a serious, capable buyer.

Money for the down payment (3% to 20%) and closing costs (2% to 5%). 📊 Credit Health

You can sometimes qualify with a score as low as 500–580.